PMC approves ₹2,634 crore for HCMTR land acquisition
after close1 source ↓written by the desknot a recommendation
- for acquiring
- ₹2,634 crore
- of land
- 4.98 lakh square metres
- for the high-capacity
- 15 locations
The Pune Municipal Corporation (PMC) has approved ₹2,634 crore for acquiring nearly 4.98 lakh square metres of land across 15 locations for the high-capacity mass transit route (HCMTR). This decision aims to expedite urban transit development following directives from Chief Minister Devendra Fadnavis.
The acquisition will enhance infrastructure in areas like Aundh, Kothrud, and Hadapsar, potentially boosting real estate and construction activity in Pune. 📈
Not investment advice. For informational purposes only.